EIN 63-6065809

University of South Alabama Foundation

IRS 501(c) type
501(c)(3)
Num. employees
11
City
State
Year formed
1968
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The University of South Alabama Foundation supports the educational programs of the University of South Alabama. It was established to aid the functions and activities of the university, with contributions made directly to support student scholarships, faculty positions, and programs. Programs include contributions to the university, and it is located in Mobile, AL.
Total revenues
$11,851,648
2023
Total expenses
$16,919,092
2023
Total assets
$419,243,148
2023
Num. employees
11
2023

Program areas at University of South Alabama Foundation

Contributions to the University of South Alabama.

Grants made by University of South Alabama Foundation

GranteeGrant descriptionAmount
University of South AlabamaScholarships, Faculty Positions, and Other Support$13,260,154

Who funds University of South Alabama Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
South Baldwin County Healthcare AuthorityTo Provide Scholarships To Nursing Students$15,000

Personnel at University of South Alabama Foundation

NameTitleCompensation
Brad B RobertsChief Financial Officer$251,364
Philip JohnsonChief Forester$145,533
Maxey J RobertsManaging Director$345,286
H Wade FaulknerInvestment Manager$178,633
Gregory LuceVice President and Board Member$0
...and 5 more key personnel

Financials for University of South Alabama Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$68,985
Program services$0
Investment income and dividends$2,926,501
Tax-exempt bond proceeds$0
Royalty revenue$128,229
Net rental income$716,461
Net gain from sale of non-inventory assets$7,943,052
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$68,420
Total revenues$11,851,648

Form 990s for University of South Alabama Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-12990View PDF
2022-062022-12-15990View PDF
2021-062021-12-16990View PDF
2020-062021-04-06990View PDF
2019-062020-09-04990View PDF
...and 9 more Form 990s
Data update history
February 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 5, 2024
Updated personnel
Identified 3 new personnel
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
State / local levelEndowed supportTax deductible donations
General information
Address
PO Box 3148
Mobile, AL 36652
Metro area
Mobile, AL
County
Mobile County, AL
Website URL
usafoundation.org/ 
Phone
(251) 432-2116
IRS details
EIN
63-6065809
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1968
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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